Pensions
Shell to Outsource $30B Pension to BlackRock
The OCIO transaction will cover 30,000 members of Stichting Shell Pensioenfonds.
News
Newsmakers
CalSTRS Promotes 2 to Investment Director
Rosie Lucchesini-Jack and David Murphy were appointed as directors of fixed income and global equity, respectively.
Newsmakers
AIMCo Promotes 2 Executives to Replace Outgoing CIO
Marlene Puffer will depart as CIO of the C$168.9 billion Alberta pension fund.
Pensions
Public Pension Funds Recovering From Pandemic-Era Staffing Issues
Salaries increased 4.9% year over year, according to an NCPERS 2024 compensation survey, with total compensation up even more.
Opinion
Opportunities Abound at Intersection of Traditional Finance, Digital Assets, Energy
The CIO of Panama’s sovereign wealth fund writes that the push for regulatory clarity and innovation are strong in a ‘dynamic, yet challenging, frontier’ market.
Pensions
India Creates Hybrid Government Employee Pension Fund
The Unified Pension Scheme will be a combination of a defined benefit and defined contribution pension plan.
Asset Allocation
New York Common Cashes Out $3.3B Worth of Strategic Partnerships
The pension giant also committed another $1 billion to a BlackRock climate fund after dumping nearly $4 billion in public equities earlier this year.
Pensions
San Diego County Pension Returns 11.3% in Fiscal 2024
Assets have grown to $17.7 billion at SDCERA, which announced a new allocation to an alternative credit fund.
Pensions
International Centre for Pension Management Celebrates 20 Years
The organization, which started out within the University of Toronto, has grown to a network of the largest institutional funds.
Newsmakers
Columbia Business School, Emeritus Launch CIO Training Program
The nine-month process will include the use of behavioral finance principles and the integration of artificial intelligence into investing decisions.
Asset Allocation
Citi Survey: 60% of Family Offices Have Own CIO
Smaller funds were most likely to outsource the chief investment officer role, according to the bank’s 2024 family office survey.
Pensions
With Assets at $11.2B, UK’s Nest to Make Domestic Investments More Transparent
The defined contribution pension plan expects to have more than $26 billion invested in the U.K. by 2030.
Alternatives
BlueFlame AI Tool Seeks to Aggregate Unstructured Alts Data
Available to BlueFlame clients, Nexus aims to organize data from many sources in a searchable database.
Asset Allocation
Private Equity Firms? More Like Private Debt Providers
Lending occupies more and more of PE companies’ attention, per a new PitchBook Report.
Pensions
Rate Cuts Unlikely to Affect PRT Market in Short Term
Funds are more sensitive to long-term rates, upon which the Federal Reserve’s action will have little impact.